Cranberry Lake, NY Foreclosures
How much do homes sell for in Cranberry Lake, NY?
The average home price is currently $391,266.
In Cranberry Lake, NY, how many homes are available?
There are currently 118 active home listings available in Cranberry Lake.
What’s the average rental cost in Cranberry Lake, NY?
The average rental price in Cranberry Lake is $1,134.
What is the most expensive home in Cranberry Lake?
The most expensive home sold in Cranberry Lake had a price of $989,114.
What is currently the cheapest priced home in Cranberry Lake, NY?
The cheapest home for sale in Cranberry Lake is priced at $16,164.
Living in Cranberry Lake, NY
Cranberry Lake, NY, is a charming town set in the Adirondacks, ideal for nature lovers and those looking for a peaceful retreat. The community offers various outdoor activities including hiking and fishing, ensuring residents have plenty of opportunities to enjoy their scenic surroundings. With its tight-knit community feel and access to natural wonders, Cranberry Lake remains a sought-after destination for both permanent residents and vacationers.
Current Market Conditions in Cranberry Lake, NY
The real estate market in Cranberry Lake remains stable, with a steady balance of buyers and sellers. Properties in the area have historically been in demand due to the scenic beauty and recreational opportunities, leading to a favorable environment for investment. Alongside seasonal fluctuations, year-round residents contribute to the consistent demand for homes, especially those near the lake.
In recent months, Cranberry Lake has seen a slight increase in home prices as prospective buyers recognize the value of owning property in this desirable location. This trend is expected to continue as more individuals seek tranquility and nature-centric living.
Home Value Estimator For Cranberry Lake, NY
There are currently 60 real estate properties
in Cranberry Lake, NY,
with a median automated valuation model (AVM) price
of $389,022.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cranberry Lake, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cranberry Lake, NY,
is $391,266.00, with the most expensive house
in Cranberry Lake, NY, topping out
at $989,114.00 and the cheapest home
in Cranberry Lake, NY,
clocking in at $16,164.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cranberry Lake, NY!
Rent Prices
In Cranberry Lake, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cranberry Lake, NY, is on
a rollercoaster ride. The
average rent price in Cranberry Lake, NY,
is $1,134.00. Indeed, when looking to rent in
Cranberry Lake, NY, you can expect to pay as little
as $970.00 or as much
as $1,260.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Cranberry Lake, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
